Thursday 02/06/14

The U.S. Grains Council found interest in U.S. corn and corn co-products from key feed grains customers in the Middle East and North Africa regions at a recent grain forum in Doha, Qatar, according to an article on the council's website (http://bit.ly/…).

The United States, Middle East and Africa Grain Forum in Doha was sponsored by the U.S. Grains Council, U.S. Wheat Associates, U.S. Soybean Export Council and North American Export Grain Association, and allowed all the sponsoring groups to promote their corn and corn co-products.

The event was part of the council's continuing efforts to promote U.S. corn and corn co-products to foreign export markets, especially in light of the growing U.S. market share in the Middle East and North Africa regions.

Sales to those areas have been promising, as Saudi Arabian buyers have once again begun purchasing, Egyptian importers have now purchased 638,000 metric tons of corn, and Turkey, Egypt and Morocco have all made considerable purchases of U.S. corn co-products.

As part of its commitment to those regions, the council has hired Hesham Hassanein as its marketing manager for Egypt, and is working to build more contacts throughout the Middle East and North Africa regions to help build more corn and corn co-product sales.

Thu Jul 30, 2015 02:58 PM CDTModerate buyer support redeveloped through the ethanol complex as the main consideration of the market has moved beyond short-term supplies to recent support in the corn market.